Purchasing charcoal for sales

Elika

Eldoret Langas, Kenya

100% repaid

Entrepreneur

Name

Elika

Member since

February 2016

On-time repayments

113 installments  •  46%

About Me

My Name is Elika Shitoko I was born in the year 1985 in Kakamega County in Western Province of the republic of Kenya in the family of six siblings.
Due to high cost of life to my parents who were jobless I did not manage to go high School after the completion of my primary level of of education that was back in the year 1994 in Lunyerere Primary School.

After I did My primary education then I got a casual job in Eldoret town as a shop Keeper ,Which I did for five years and after getting some capital then I started my own business of charcoal selling in Eldoret town and that is in langas estate which I have todate.
I started my own business after I saved small capital from the earning I got from shop keeping which I did for five years as a young girl.
I my my culture girls are taken to School when there are many children in the family but only boys are considered.

Am now married and with four children two girls and two boys and all of them are in high School.
All this children of mine wants to become Teachers and Doctors when they grow up.
My unique hobby is singing in my free time and swimming in large waters and in the ponds.

My Business

I sell Charcoal to my customers in this region of Langas Eldoret and this entire region,
These goods are so much useful and are in great demand because this what is commonly used in cooking and in warming the places or houses in general therefore it is in great demand.
I chose this kind of business because it is in great demand and also it is available or it is easily obtainable, they in plenty in our forest and reserves .
My typical cost is 40,000KES

This is how I use my profit that I get from this business of charcoal selling,
1.School fees for my children 20,000KES.
2.Reinvestment in growing the business 5,000KES.
3. Home improvements 10,000KES.
4Church activities 2,000
5.Helping my old parents in the rural village 2,000KES.
And I hope this will change in the recent time as we continue growing together with the business.

Loan Proposal

When am given this loan amount then I will be able to purchase one and a half bag of charcoal at 18 US Dollars.

This will increase my sales capacity and income as well and the customers of mine also will be happy with my service and their confidence will increase.

When this is implemented then am expecting this business to grow by 40% this year and more soon.

Thanks in advance for trusting me again with this loan amount and I promise to continue to be faithful in repayment in time.

God bless Zidisha and long live Lenders.

Feedback

1

None

None

  • Margaret    Dec 26, 2017

    Elisa paid her loan off perfectly, I would gladly lend to her again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Jul 12, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

Ask Elika a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Elika    Apr 2, 2019

    By now the business is not doing good due to the closing of forest but i will try other means to pay the remaining my loan amount.
    Thanks.

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  • Elika    Nov 9, 2018

    Please my business has really faced challenges due to the fact that the
    Government of Kenya has banned the login in all forest and therefore getting charcoal is not easy,But as soon as the banned is lifted I will resume my normal payment scheduled.
    Thank you for your assistance in advance.

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  • Elika    Apr 25, 2018

    The rainfall has affected the charcoal business and the ban on the deforestation by the Government of Kenya.But am now planning to start paying as from next week am very sorry for inconvenience I know it will never happen again in life .
    thanks for understanding me.

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  • Morris    Mar 20, 2018

    She going to give an update on her self.date not specified

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  • Elika    Jan 2, 2018

    I will 7 sacks of Charcoal.
    It will make have a big sales and of course a big profit.
    Thank you so much for choosing to lend me again long live Zidisha.

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  • Richard Griebe    Dec 30, 2017

    I am impressed with our determination to be a business woman. Good luck.

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  • Elika    Dec 29, 2017

    Dear/madam
    please my loan application has really taken some days without being funded and yet my business needs a lot of money for business operation this month .
    I ask kindly to fund me now . am looking forward for positive response.
    Thanks in advance for the assistance.

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  • Elika    Dec 26, 2017

    The loan I have completed servicing was of great help to me in that Am able to buy Charcoal in bulk unlike earlier when I used to buy in small quantities for sale

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  • Elika    Nov 29, 2017

    I received 5,324 KES.
    I bought 5 shacks charcoal for sales for my business.
    Thanks so much for lending me
    again.

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  • Elika    Oct 13, 2017

    I will buy five sacks of charcoal for sales for my business.
    It will make me have high sales and hence good profit for me and my family members and people around me also.
    Thanks again for lending me today .

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  • Margaret    Oct 12, 2017

    Good luck Elika!

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  • Elika    Oct 11, 2017

    The loan I have completed servicing was of a great help to me and a real boost my business in that now am able to pay all .my bills without straining and I have added one person to help me supply this product to the area resident who are my customers.
    Zidisha has done me good and Zidisha has made me proud. Long live Zidisha.

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  • Elika    Aug 26, 2017

    I received 2,662 KES.
    I have bought 3 sacks of charcoal for my business.
    Thank you so much for lending me again this time of need.God bless you .

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  • Elika    Aug 22, 2017

    Hi, Thanks for funding me again this time but am not able to access the dashboard so that I accept the fund raised.All the time I try to accept It loads until it is time out. Please help me in this thank you again in advance for your assistance.

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  • Elika    Aug 14, 2017

    Yes it is true that Zidisha help people come out of poverty because I myself have seen as a living testimony. Zidisha loan that I have completed servicing has really changed the face of my business in that am now able to buy even two sack of charcoal but imagine I started with a half a sack. It has really change my life .
    Thank you you keeping to lend me.

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  • Elika    Jul 14, 2017

    I received 1775. I bought two sacks of charcoal for my business.
    Thanks for lending me again.

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  • Elika    Jul 4, 2017

    Thanks for lending me again this time of need.

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  • Elika    Jul 3, 2017

    The loan I have just completed servicing has made a big different in my life in that am able to purchase two shacks of charcoal for sells and my customers are also very happy with my service because am now able to serve them efficiently without inconvenience.
    Thank you so much your continue support by lending me to grow this business of charcoal sells

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  • Elika    Jun 7, 2017

    I received 1245.
    I bought 1 sack of charcoal for sales.
    Thank you so much for lending me again,God bless Zidisha team and lenders.

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  • Elika    May 28, 2017

    I will buy one sack of charcoal.
    It will help me adding my stock.
    Thank you so much for lending me again God bless you.

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